SAN DIEGO--(BUSINESS WIRE)--Murphy Development Company (MDC) has signed a lease with Mainfreight to occupy 24,050 square feet in its recently completed 121,970-square-foot speculative Building 18 at the 2.1 million-square-foot Siempre Viva Business Park (SVBP) in Otay Mesa. Lusardi Construction Company completed the building in late 2016. It was the first speculative building completed in Otay Mesa since 2006.

Mainfreight signs lease for 24,050 sq. ft. at Siempre Viva Business Park on Otay Mesa from Murphy Development.

The concrete tilt-up Building 18 is located at 2600 Melksee Street. The building features a 32-foot minimum clear height, 8,000 amps of 277/480 volt power, manufacturing sewer and water capacity, concrete truck courts, wide column spacing and high dock door ratios. Lusardi Construction Company will also be handling the tenant improvements for Mainfreight’s space, including a new office area, warehouse lights, and dock equipment.

Mainfreight is a logistics company based in New Zealand with over 240 locations globally. The company was represented by Garrett Fena with Voit Real Estate Services. Murphy represented itself in the lease transaction.

MDC will start construction on the final Class A industrial Building 17 at SVBP, a 79,050-square-foot spec building at 8500 Kerns Street this summer. Building 17 will also include state-of-the-art industrial features, making it ideal for manufacturing and distribution companies. Construction on the building will take approximately six months with completion of the building anticipated by the end of this year. Both buildings are divisible, offering suites as small as 24,000 square feet.

ABOUT MURPHY DEVELOPMENT COMPANY

San Diego-based Murphy Development Company (MDC) has master planned and developed more than 10 million square feet of multi-phase corporate industrial and technology parks in San Diego. MDC acquires land and develops best-in-class corporate parks with the goal of leasing buildings or completing build-to-suits for sale or lease to Fortune 500 companies. Murphy Development is currently marketing 31 acres at the Scripps Ranch Technology Park and 60 acres of land in Otay Mesa within its Brown Field Technology Park, Siempre Viva Business Park, and The Campus at San Diego Business Park. Plans for these projects include more than 2 million square feet of corporate headquarters, office and industrial facilities. www.MurphyDev.com

| Businesswre release  ||  July 19,  2017   |||